£33,921
This estimated value is based upon the latest sale price for the house of £20,000 on 8 Jun 2012. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £20,000 | 8 Jun 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 sq feet |
This model uses changes in the Official Land Registry House Price Index for COUNTY DURHAM to estimate the market value.
When this house was purchased in June 2012 the House Price Index for COUNTY DURHAM was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £20,000 results in an estimated price of approximately £33,921.
| 8 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.609 % | £20,000 | £13,921 | £33,921 |
The Postcode Pricing Model uses changes in average sales price within the SR7 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 24.659 % | £4,931 | £24,931 |
| 3 Month Average | -2.176 % | £-435 | £19,564 |
| 6 Month Average | 9.330 % | £1,866 | £21,866 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Sep 2023 | £40,467 | £39,950 | 10 STRANGWAYS STREET |
| 11 Aug 2023 | £32,282 | £32,000 | 23 STRANGWAYS STREET |
| 24 Apr 2023 | £45,490 | £45,000 | 42 STAVORDALE STREET |
| 7 Mar 2023 | £40,379 | £39,999 | 32 ILCHESTER STREET |
| 24 Jan 2023 | £43,396 | £43,600 | 26 STRANGWAYS STREET |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 27 Oct 2014. Using an estimated price of £33,922 means this house is valued at £665 per sq meter (£61 per sq foot).
The average size of a house on ILCHESTER STREET is 76 sq meters (820 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Stavordale Street | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stavordale Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Stavordale Street |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Ilchester Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ilchester Street |